That’s up from a 30.7% share in April 2022. Higher interest rates and tough competition for the low supply of homes for sales are among factors supporting cash’s rule, according to Redfin.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 19 seconds
Cash Is King for Home Offers Like No Time Since 2014: Redfin
A new study by Redfin has found that an estimated 33.4% of U.S. home purchases in April were conducted in cash, the biggest share since 2014. So reports DSNews.
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